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HomeGovernment CodeDiv. 3Pt. 5Ch. 9§ 57526 District Merger Asset Transfer

§ 57526 District Merger Asset Transfer

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 57526 District Merger Asset Transfer

Key Takeaways

  • •When two places merge, all their money and stuff become the city's.
  • •This includes cash, unpaid bills, and any property they own.
  • •It happens right when the merger starts.

Example

Two small towns merge into a big city.

All the money in the towns' banks, any unpaid taxes, and even their fire trucks or buildings now belong to the big city.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 57526 District Merger Asset Transfer

Upon the effective date of a merger, all of the moneys or funds, including cash on hand and moneys due but uncollected and all property, real or personal, of the merged district is vested in the city. (Added by Stats. 1985, Ch. 541, Sec. 3. Effective September 9, 1985. Operative January 1, 1986, by Sec. 5 of Ch. 541.)

Last verified: January 22, 2026

Key Terms

propertymergereffective septemberoperative january

Related Statutes

  • § 57528 Merged District Funds Usage
  • § 57531 District Merger Bond Liabilities
  • § 57532 Merged District Trust Funds
  • § 57533 Merged District Fund Usage
  • § 57481 City Consolidation Tax Limits

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 57526.
View Official Source